Chicago Partners Investment Group LLC Buys New Shares in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY)

Chicago Partners Investment Group LLC bought a new stake in Invesco High Yield Equity Dividend Achievers ETF (NASDAQ:PEY) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 12,090 shares of the company’s stock, valued at approximately $244,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $11,125,000. Dynamic Advisor Solutions LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $4,997,000. Meridian Wealth Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $3,623,000. JPL Wealth Management LLC acquired a new position in Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $2,340,000. Finally, GLOBALT Investments LLC GA bought a new stake in shares of Invesco High Yield Equity Dividend Achievers ETF during the fourth quarter worth approximately $2,306,000.

Invesco High Yield Equity Dividend Achievers ETF Stock Up 0.4 %

Shares of NASDAQ:PEY opened at $19.64 on Wednesday. Invesco High Yield Equity Dividend Achievers ETF has a 12-month low of $17.94 and a 12-month high of $21.50. The stock has a market cap of $1.17 billion, a PE ratio of 14.21 and a beta of 0.87. The business has a 50 day moving average of $19.99 and a 200-day moving average of $20.20.

Invesco High Yield Equity Dividend Achievers ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 24th. Stockholders of record on Tuesday, May 21st were issued a dividend of $0.0757 per share. This represents a $0.91 dividend on an annualized basis and a dividend yield of 4.62%. The ex-dividend date was Monday, May 20th. This is a boost from Invesco High Yield Equity Dividend Achievers ETF’s previous monthly dividend of $0.05.

Invesco High Yield Equity Dividend Achievers ETF Company Profile

PowerShares High Yield Equity Dividend Achiever Portfolio (the Fund) is based on the Mergent Dividend Achiever 50 Index (the Index). The Fund focuses to invest at least 90% of its total assets in dividend paying common stocks, which comprise the Index. The Index is comprised of 50 stocks selected principally on the basis of dividend yield and consistent growth in dividends.